Current 30-year mortgage rates have increased by seven basis points since last week, and they might stay high. Lock in your 30-year fixed rate today.
Mortgage rates keep sinking—with the 30-year and 15-year averages falling to their cheapest levels since February 2023. Rates inched lower for many other loan types as well.
After shooting from upper-6% territory into a low-7% range, 30-year mortgage rates have dropped two days in a row, pushing the flagship average back down near 7%.
Key Takeaways ; The current average mortgage rate on a 30-year fixed-rate mortgage, the most popular home loan, is 6.92%, a 2 basis points jump from the previous week. ; Borrowers looking for a shorter payoff horizon with 15-year fixed mortgages face an average rate of 6.20%, an increase of 1 basis points from a week ago. ; For buyers looking for guaranteed government loans for their dream homes, 30-year fixed FHA mortgages average 6.91%, compared to 6.85% the week prior.
Find and compare 30-year mortgage rates and choose your preferred lender. Check rates today to learn more about the latest 30-year mortgage rates.
30-Year Mortgage Rates Loan Type Purchase Refinance 30-Year Fixed 6.89% 7.10% FHA 30-Year Fixed 6.72% 6.29% VA 30-Year Fixed 6.30% 6.16% Jumbo 30-Year Fixed 6.99% 7.00% What Is a 30-Year...
Loan Term, Change, Rate ; 30-Year Fixed, -0.09, 6.17% ; 15-Year Fixed, -0.11, 5.42% ; 30-Year FHA, +0.07, 6.55%
Check out 30 year Veteran Affairs (VA) fixed refinance mortgage rates with U.S. Bank. Learn more to see if this is the right option for you.
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